UBS Group AG grew its position in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI – Free Report) by 44.5% during the 4th quarter, Holdings Channel reports. The firm owned 898,893 shares of the company’s stock after purchasing an additional 276,992 shares during the period. UBS Group AG’s holdings in Invesco NASDAQ Internet ETF were worth $32,423,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. MinichMacGregor Wealth Management LLC acquired a new position in shares of Invesco NASDAQ Internet ETF in the 4th quarter worth $333,000. Avantax Advisory Services Inc. grew its holdings in shares of Invesco NASDAQ Internet ETF by 46.7% in the 4th quarter. Avantax Advisory Services Inc. now owns 22,451 shares of the company’s stock worth $810,000 after acquiring an additional 7,146 shares during the last quarter. Principal Securities Inc. acquired a new position in shares of Invesco NASDAQ Internet ETF in the 4th quarter worth $26,000. Private Advisor Group LLC grew its holdings in shares of Invesco NASDAQ Internet ETF by 21.0% in the 4th quarter. Private Advisor Group LLC now owns 38,877 shares of the company’s stock worth $1,402,000 after acquiring an additional 6,752 shares during the last quarter. Finally, Truist Financial Corp acquired a new position in shares of Invesco NASDAQ Internet ETF in the 4th quarter worth $2,582,000.
Invesco NASDAQ Internet ETF Stock Up 0.8 %
Shares of NASDAQ PNQI opened at $39.75 on Monday. The stock has a market capitalization of $756.05 million, a price-to-earnings ratio of 8.95 and a beta of 1.15. The stock’s fifty day simple moving average is $39.56 and its 200 day simple moving average is $37.62. Invesco NASDAQ Internet ETF has a 52-week low of $28.69 and a 52-week high of $40.57.
Invesco NASDAQ Internet ETF Profile
The Invesco NASDAQ Internet ETF (PNQI) is an exchange-traded fund that is based on the NASDAQ Internet index, a modified-market-cap-weighted index of Internet companies listed in the US. PNQI was launched on Jun 12, 2008 and is managed by Invesco.
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Want to see what other hedge funds are holding PNQI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco NASDAQ Internet ETF (NASDAQ:PNQI – Free Report).
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